Top 10 Ways To Screw Up With The IRS
November 27, 2007 at 12:04 pm | In Tax Services | Leave a CommentTags: audits, tax audit, Tax Services, taxes
1. Carelessly throwing away and then having no receipts to justify your tax deductions.
2. Not having a business purpose for meals and entertainment expenses.
3. Not tracking business miles driven versus total miles driven for each vehicle/car.
4. Mixing up personal and business expenses.
5. Not having paperwork and contracts for loans into and out of your company.
6. Not taking a reasonable salary to pay for personal living expenses.
7. Not having customer, independent contractor, and supplier contracts in place to support your payments to these parties.
8. Not having your corporate book completed and up-to-date, to show the relationships for tax return reporting.
9. Not holding the proper corporate meetings and completing corporate resolutions to help explain tax deductions.
10. Not tracking your and your spouses’ hours spent as a real estate professional.
If you don’t want to screw up with the IRS and have them come breathing down your neck, then you should strongly consider signing up for tax services with Nevada State Corporate Network, Inc. Please contact your corporate consultant at Nevada State Corporate Network, Inc., to set up 12 months of tax consulting services, or contact the Tax Department at 1-800-910-9919, extension 203, for further information.
Nevada State Corporate Network – Employees
November 20, 2007 at 2:46 pm | In Employees | Leave a CommentTags: Corporate Strategies, financial privacy, nevada corporations
We’re going to be featuring a few of our employees, and their functions in the company, so you can get to know them a little bit better. This is our first installment.
Willis McCravey: Director of Advanced Client Services
Nevada State Corporate Network
“Being in the business for over seven years now, I take great pleasure in guiding our client’s to the fruition of their vision – business success!! – showing them the different strategies we can utilize for the client’s unique situation, to not only protect what they have worked so hard for over their lifetime, but to also teach them how to minimize taxation on a yearly basis! Please give me a call, and I can show you and your partners how to stay completely private, keeping your financial privacy in tact and away from prying eyes! So, if you would like to learn how the rich get richer, give me a call and I will show you the light!!!”
1-800-910-9919 or visit our web site for more information. Nevada State Corporate Network, Inc. – Graig Zapper – President
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